Electric Service Credit Union



-8255-29527500Electric Service Credit Union Dividend RatesRates 2/1/2016Dividend RateCurrent APYRegular Shares and Special Shares 0.10%v0.10%Free Checking / Student Checking 0.00%v0.00%Interest Rewards Checkingup to $5k3.44%v 3.50%* Amounts over $5k + 0.25%v 0.25%* IRA Shares (Traditional, Education, Roth)0.49%v0.49%Money Market$2,500 - $9,999.990.15%v 0.15%$10,000 - $24,999.99 0.25%v0.25%$25,000 - $49,999.990.30%v0.30%$50,000 and greater 0.59%v 0.59%Christmas Club0.20%v0.20%Share CertificatesExisting DepositsDividendAnnual Percentage YieldTermRateRegularIRA3 Months0.26%0.26%6 Months0.36%0.36%--12 Months0.49%0.49%--18 Months0.69%0.69%--24 Months0.86%0.86%0.82%36 Months1.05%1.05%1.01%48 Months1.54%1.55%--Bonus over $100kNew Money 12 mo36 month Step Up60 Monthsup to $2,500 $2.501 - $4,999$5,000 - $9,999$10,000 - $24,999$25,000 and greaterOne time rate bump if rates increase during the term1.74%0.10% 0.48%0.50%0.55%0.60%0.65%0.96%1.75%0.10%0.48%0.50%0.55%0.60%0.65%0.96% Minimum Balance Requirements for Regular Share Certificates and IRA CertificatesCertificates require a minimum balance of $1,000. Dividend rate is guaranteed for the term of the certificate. Penalties will be charged for early withdrawals. There is no penalty for minimum required distributions on IRA Certificates withdrawn at age 70? or older. The annual percentage yield (APY) is based on the assumption that dividends will remain in the account until maturity. A withdrawal will reduce earnings. Variable Dividend Rates – If a dividend rate is marked “variable” or “v”, the dividend rate(s) and APY may change, and we reserve the right to change the rate(s) at our discretion. If a rate is not marked as variable, it will be paid for the term of the account. Any fees charged to the account may reduce earnings.* Qualifying criteria must be met monthly to avoid a monthly service charge on this account.For updated rate information, call (615) 687-4801 during regular business hours. Rates are subject to change.Member NCUA. National Credit Union Administration, a U.S. Government Agency. Your savings federally insured to $250,000 and backed by the full faith and credit of the United States Government.Financial Center Locations:Donelson/Corporate Office2340 Jackson Downs BlvdNashville, TN 37214Downtown/NES Bldg1214 Church Street, Suite 100Nashville, TN 37246Hendersonville/Indian Lake 270 Indian Lake BoulevardHendersonville, TN 37075(615) 687-4801 ................
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